Global M&A fees down -35%
Just saw this on the FT, not unexpected but still ridiculous. Survival mode is on.
Bankers’ fees plunge to near-decade low owing to deal drought
https://www.ft.com/content/2444354f-20d1-404d-a1dd-b94f2a02a662
Global M&A fell 38 per cent to $1.3tn in the first half, the lowest deal volume since the start of the coronavirus pandemic in 2020, as higher rates, stricter antitrust enforcement and geopolitical tensions hit the market.
Might get better once uncel Jerome starts lowering the rates 🤷🏽♂️
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